Festina Finance A/S — Credit Rating and Financial Key Figures

Festina Finance A/S (CVR number: 30986253) is a company from FURESØ. The company recorded a gross profit of 124.5 mDKK in 2023. The operating profit was -7388 kDKK, while net earnings were -7316.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -16.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Festina Finance A/S's liquidity measured by quick ratio was 1.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.